Manchester City have spoken with Pedro Neto's agents multiple times but a significant gap between their bid and Chelsea's asking price could hand Arsenal and other Premier League clubs a chance to sign the winger.
Amazon founder Jeff Bezos is part of a consortium in advanced talks to buy a 30% stake in Liverpool, valuing the club at around £4.5bn, as supporters' group Spirit of Shankly seeks clarity on ownership and control.
Arsenal are seriously considering a move for Barcelona defender Jules Kounde after William Saliba suffered a back injury at the World Cup, with Barcelona signalling they are open to a sale.
Cristian Romero has snubbed Arsenal and chosen Atlético Madrid as his preferred destination, with Tottenham having accepted the Spanish club's offer and a deal now close to being finalised.
Fikayo Tomori is expected to leave AC Milan this summer with his contract winding down, as Liverpool, Newcastle United, and newly-promoted Coventry City all register interest in the 28-year-old England international.
Arsenal have emerged as suitors for Chelsea winger Pedro Neto, with insider reports and shifting bookmaker odds suggesting the Gunners are serious contenders for the Portugal international.
Andoni Iraola has conceded Liverpool are not yet physically equipped to play his high-intensity brand of football for a full game after a 3-2 preseason defeat to Monaco at Anfield.
Manchester United have made a formal enquiry to Club Brugge for 21-year-old left-back Joaquin Seys, with Arsenal also in the race for a player valued at €35m.
Bruno Guimaraes trained with Arsenal after Sunday's 3-2 friendly defeat to Borussia Dortmund and is expected to make his debut against Como on Wednesday, with a bigger role to follow in the Community Shield.
Arsenal have opened transfer talks with Galatasaray over Gabriel Martinelli as the Brazilian enters the final year of his contract, with Roma also emerging as suitors and a club-record sale possible if a left-wing replacement is secured.
A consortium led by Amit Bhatia, including Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin, is closing in on a deal to acquire a stake of more than 30% in Liverpool, with FSG preparing to announce the transaction as soon as this week.
Bradley Barcola has given Liverpool the green light on personal terms, but Arsenal are mounting a rival bid for the PSG winger as Liverpool continue to negotiate a fee with the French champions.
Liverpool have exchanged all necessary documents to finalise the season-long loan of Barcelona defender Ronald Araújo, with an option to purchase him permanently for approximately £47m next summer.
Mikel Arteta has confirmed that both Jurrien Timber and William Saliba will miss the start of Arsenal's Premier League season, with the Dutchman still weeks from return and the Frenchman facing months on the sideline.
Mikel Arteta has hailed the arrival of Bruno Guimarães from Newcastle for £75m, saying the Brazilian warrior will ignite something different in the team as Arsenal look to defend their Premier League title.
Arsenal have shifted their focus to Juventus star Kenan Yildiz as their primary attacking target after Vinicius Junior signed a new long-term deal at Real Madrid.
Ronald Araujo has arrived in Liverpool to undergo a medical ahead of completing a season-long loan move from Barcelona, with the deal including a €55m option to buy.
Cristian Romero is a shock Arsenal transfer target this summer, but Tottenham Hotspur have made clear they have no intention of selling their captain to their north London rivals, with Atlético Madrid closing in on a deal.
Martin Zubimendi's future at Arsenal is under scrutiny after the club's £75m signing of Bruno Guimaraes, with Chelsea's Xabi Alonso and Real Madrid both said to be pursuing the Spain international at a price of at least €90m.
Arsenal have accelerated their pursuit of Atletico Madrid forward Julian Alvarez after missing out on Vinicius Junior, but Diego Simeone insists the club have no intention of selling the Argentina international.
